Track Description
Climate change has emerged as one of the most systemic threats to global financial stability and long-term economic performance. As physical and transition risks intensify, banks and financial intermediaries are called to play a crucial role in managing climate-related exposures, financing the green transition, and supporting sustainable growth. The increasing expectations from regulators, investors, and society are pushing financial institutions to rethink their business models, risk management frameworks, and disclosure practices in light of the new sustainability paradigm.
This track seeks theoretical, empirical, and policy-oriented contributions that advance our understanding of how climate and environmental risks affect banking activities, governance structure, and performance outcomes. We particularly welcome studies that investigate:

• How climate risk is integrated into credit assessment, portfolio management, and capital allocation decisions;
• The role of green stress testing, scenario analysis, and climate exposure metrics in strategic and prudential decision-making;
• The impact of climate risk on financial stability, lending patterns, and cost of capital;
• Interactions between climate risk management, ESG performance, and business model transformation;
• The role of regulation and supervision (e.g., ECB Climate Stress Test, NGFS guidelines, Basel III developments) in fostering climate resilience.

The track also encourages interdisciplinary perspectives bridging banking, accounting, and policy research, exploring how disclosure, assurance, and sustainability reporting standards (such as CSRD and IFRS S2) can enhance transparency, accountability, and market discipline in the face of climate uncertainty. Comparative and cross-country analyses, as well as innovative methodological approaches (e.g., climate econometrics, textual analysis of risk disclosures, or scenario modelling), are particularly welcome. Overall, the track aims to promote a rigorous academic dialogue on how financial institutions can move from reactive risk mitigation to proactive alignment with the low-carbon transition, thereby redefining the future of sustainable banking and intermediation.